{"data":{"id":"us-md/md.-code-commercial-law-14-4202","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 14–4202","heading":"","body":"(a) In this section, “steer” means, in connection with a consumer credit transaction secured by a mobile home, to direct a prospective consumer borrower to complete a transaction in any way based on the fact that a mobile home retailer will receive compensation, directly or indirectly, from a lender or credit grantor that is in excess of any compensation or gain received in a comparable cash transaction.\n(b) A mobile home retailer:\n(1) Has a duty of good faith and fair dealing in providing financial information to a prospective consumer borrower, including providing financial information in a manner that is not misleading or deceptive and that discloses all material facts;\n(2) May not steer a prospective consumer borrower to financing products that offer less favorable terms; and\n(3) Shall provide a written statement to a prospective consumer borrower in accordance with § 14–4203 of this subtitle.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=14-4202","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"d9daa8c6279393f1f4397b77e4d190060fee4edf8bc61b75a853b892d0087958","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-14-4201","next":"us-md/md.-code-commercial-law-14-4203"},"notice":"GroundRules: Original legal text. Not legal advice."}